Economy

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JPMorgan's 'London Whale' Behind Major Losses

Audie Cornish speaks with Bloomberg TV's Wall Street Inside Track correspondent Stephanie Ruhle. She's been reporting on the story of the "London Whale" since last month.
NPR

In Greece, Third Bid For Coalition Government Fails

Now, once again the country is on the verge of losing its bailout funds.
WAMU 88.5

The Cost of Economic Inequality

A discussion about the role of income inequality in today's economy and its consequences for our future.

NPR

JPMorgan 'Rogue Trader' Losses Send Chills Through Markets

The largest U.S. bank lost $2 billion due to a single, London-based "rogue trader," the company's CEO admits.
NPR

Candidates Must Juggle Inconsistent Economic Data

Every day there's a new economic indicator. Some are up. Some are down. And all are spun by the political parties.
NPR

Happy Renters Stay On Homeownership Sidelines

U.S. homeownership rates have fallen to their lowest point since 1997, despite the homebuyer tax credit and enduring rock-bottom interest rates. Two years ago on Morning Edition, we profiled two couples who were renting with no regrets. Have they changed their tune?
NPR

Small Post Offices Spared By Postal Service

The U.S. Postal Service announced a strategy Wednesday that will keep the doors open and the counters staffed at the country's smallest post offices. Melissa Block talks with Debra Stadin. She collected signatures to keep the post office in Kerrick, Minn., from closing. She works at the bank next door to the post office, where her daughter Terri is "Post Officer-in-Charge."
NPR

New French President Pledges To Tax Rich 75 Percent

The President-elect of France, Francois Hollande, wants the richest people there to pay a marginal tax rate of 75 percent on incomes above 1 million Euros. That would be a huge jump from the top rate now, which is 41 percent. Melissa Block talks to Sophie Pedder about the new tax rate — she's the Paris bureau chief for the Economist.
WAMU 88.5

Friday News Roundup - Domestic

President Obama announced he supports same-sex marriage one day after North Carolina voters approved a constitutional amendment banning it; incumbent Republican Senator Richard Lugar lost the Indiana primary to a Tea Party candidate; and the U.S. Postal Service dropped a plan to close thousands of rural post offices. Clarence Page of the Chicago Tribune, Jeanne Cummings of Bloomberg News and syndicated columnist Steve Roberts join Diane for analysis of the week's top national news stories.

NPR

The Ideas America Sells To The World

U.S. exports aren't limited to stuff. We also sell billions of dollars worth of ideas to people around the world.

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